2019 TND to TOP Historical Review

YEARLY HIGH

0.8245 TOP

YEARLY LOW

0.7295 TOP

YEARLY AVERAGE

0.7837 TOP

2019 TND to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 0.8245. Conversely, the yearly low was recorded on April 1, dropping to 0.7295.

This high-to-low spread represents a total annual volatility of 0.0951 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7652 to the December average rate of 0.8104, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8245 was down 12.34% compared to the 2018 peak of 0.9406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 4,123 TOP

2018 Average 4,329 TOP

Yearly Trough Low 3,647 TOP

Transaction Impact: A difference of 475.44 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8255

0.7395

JanuMarcMayJulySeptNove

TND to TOP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.7590, compared to 0.8084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0495 points.

H1 Avg (Jan–Jun) 0.7590

H2 Avg (Jul–Dec) 0.8084

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0448 TOP (High: 0.8049 / Low: 0.7600). On the other end, July was the most stable month, with a tight range of 0.0073 TOP (High: 0.7957 / Low: 0.7884).

June Spread (Volatile) ±0.0448

July Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0157 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.8183) against the same month in 2018 (average: 0.8119), the exchange rate shifted by +0.0065 (+0.80%).

2019 Avg (October) 0.8183

2018 Avg (October) 0.8119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7740	0.7496	0.7652
February	0.7599	0.7363	0.7495
March	0.7529	0.7405	0.7466
April	0.7643	0.7295	0.7518
May	0.7691	0.7539	0.7625
June	0.8049	0.7600	0.7781
July	0.7957	0.7884	0.7915
August	0.8138	0.7946	0.8070
September	0.8169	0.8004	0.8093
October	0.8245	0.8126	0.8183
November	0.8179	0.8027	0.8141
December	0.8235	0.8065	0.8104